Beanstalk Farms

DeFi has a problem. The majority of today's stablecoins suffer from a collateral problem that causes issues with scalability, opportunity cost, and non-competitive interest rates. Learn how Beanstalk uses credit to attempt to solve these problems: youtube.com/watch?v=eH1j8h…

The Beanstalk custom invite link is broken and scammers may be trying to claim it. ⚠️ Do NOT click or interact with: discord dot com/invite/beanstalk All instances of the link on the UI and socials have been removed. All funds are safe.

Community Town Hall starting in Discord now discord.gg/beanstalk

Round 2 town hall happening in the Discord now 🫡

.@bwein_ and other former @beanstalkmoney contributors are hosting a town hall in Discord tomorrow at 10am PT / 1pm ET to talk forks, failures and the future. Join discord.gg/beanstalk to participate and drop questions in the Town Hall Chat in advance.

Huge shoutout to everyone who made this unprecedented migration possible - LGF! * The UI is being updated and we'll announce as soon as it's up — Farmers will be able to Convert across LP tokens via Generalized Convert * Grown Stalk has been Mown, Earned Beans have been Planted and Rinsable Sprouts have been sent to Farm Balances * Anyone who had not yet migrated to Silo V3 has been migrated * Smart contract account owners and Circulating Bean holders on L1 will be able to use the UI connected to mainnet to migrate their assets manually — everyone else's assets have been migrated automatically

BIP-50 has passed with 34.5% of Stalk voting For and now Beanstalk has successfully been Reseeded! 🎉🌱 The L2 migration is complete and all upgrades in BIP-50 have been added to Beanstalk 🫘 All contract addresses can be found in the updated Farmers' Almanac: docs.bean.money/almanac/protoc…

Gm Farmers! 🌱 Two quick items: First, a reminder to vote on BIP-50. With a bit less than five days to go, the proposal is currently at 41% of quorum. A link to the BIP is included below.👇 Second, because of the timing of the BIP-50 voting period, this coming week’s DAO meeting is being pushed from Tuesday to Wednesday. The meeting time will stay the same (7:00 PM UTC). Thanks! app.bean.money/#/governance/0…

You can find the full details of BIP-50 in GitHub: github.com/BeanstalkFarms… And thanks for voting! 8/8

Finally, a number of quality of life improvements are also included in BIP-50, such as an upgrade to the Solidity version, implementation of a generalized whitelist system, new functions for obtaining Farmer balances, updates to the default Gauge Point function, and many more. 7/8

Gm Farmers! 🌱 BIP-50: Reseed (a.k.a. Beanstalk 3) is now live for voting. You can find it using the link below or via the Beanstalk Governance page: app.bean.money/#/governance/0… This package is the largest group of improvements to Beanstalk since inception and includes: 🪡🧵/8

Gm! 🌱 Just a quick reminder that BFCP-C-5: Member Term Extension is still up for vote. This vote might seem unimportant, but with Mod choosing to not renew their term, the proposal needs to pass to keep the BFC at three members. Without three members, key budgetary processes break down and fundamental bills that keep Beanstalk running might not be able to be paid. With four days to go, the vote is at 21% of quorum. app.bean.money/#/governance/0…

Gm! 🌱 Join us in about 40 minutes for a Q&A session on Beanstalk 3 and BIP-50, including: -Secure Beanstalk 🔐 -Gen. Convert 🔄 -Gen. Flood 🌊 -Shipments 🚢 -Tractor 🚜 -Quality-of-life improvements 🎉 -Migration from Ethereum mainnet to Arbitrum 👀 discord.com/events/8804133…

The Stable 2 Well Function + Upgradable Well final audit report is out! One step closer to BIP-50 proposal 🫡

All farmers are HIGHLY encouraged to utilize this tool and ensure that their balances are good to go prior to the move. As always, drop us a note in Discord if you have any questions. Thanks! 5/5

Second, another key component of BIP–50 is to migrate Beanstalk from Ethereum mainnet to Arbitrum. In preparation for this, farmers are invited to verify their balances to be migrated using the Verify BIP-50 Migrated Balances page: app.bean.money/#/preview 4/5

Gm Farmers! 🌱 We are excited to announce two important resources that move us closer to some of the most significant changes in the history of Beanstalk. 🧵👇